It’s not a traditional real estate boom, but North Elba town Supervisor Roby Politi, a real estate broker in his other job, said this week that more people from the Capital Region are heading north to purchase gravesites because costs downstate are on the rise.
“People are now coming up from Albany because downstate it’s costing a thousand dollars and up for gravesites,” he said. “People want to come up to Lake Placid because it’s cheap.”
And such is the way of the real estate world, that the North Elba town board voted to double the cost of cemetery plots for residents and non-residents alike.
A 100% increase! See? We knew real estate would bounce back!